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    OFF-MARKET
    Land

    0 Pond Ln, Concord, MA 01742

    59.86 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional 59.86-acre residential land parcel in Concord, MA, available for development. Located on Pond Lane in Middlesex County, zip code 01742, this property offers commanding elevated views of the Assabet River. The site is zoned for residential use, presenting a unique opportunity for a substantial development project within a thriving community. Concord boasts a strong and growing economy, with a 2020 household count of 26,915, projected to reach 27,756 by 2025. The average household income is $170,448, and the median household income is $144,960, indicating a high-income demographic. This picturesque location provides a rare chance to create a significant residential development in a desirable and affluent area. The property's convenient access at the end of Pond Lane enhances its appeal. The asking price for this exceptional land opportunity is $2,900,000.

    Property profile
    Verified
    Property type Land
    Lot 59.86 ac (2,607,502 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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